Seriously

Hi, I am a computer scientist. Naturally, coding an EA would not be much of a problem.

But seriously, do EAs really work? I do not have knowledge of hi fi trading strategies to implement but if you have, I can probably code it into an EA.

But I am just doubting the reliability of it in the long run. Prove me wrong. :slight_smile:

People have discussed it before, such as www . forexfactory . com/showthread.php?t=38805

The problem is that anyone smart enough to design a profitable strategy will already has more than sufficient IT skills to impliment an EA.

Anyone unable to write a bit of simple code isnt going to get anywhere near developing a reasonable strategy.

The good news is EA’s can work, but you wont have a cat in hells chance of developing one until you’ve developed manual trading skills, and actually have an understanding of the problem that you are trying to solve.

Thanks for the insight.

I guess EAs is just another tool for the pro fx trader…

You are completely right, eas, robots, indis, does not work. Things that works: discipline, cold blood, mass psicology understanding and the only indicator that works: market itself, pure price action. Satisfaction guaranteed or we will return you back your money.

:54:

Regards.

Hey, this bloke is a computer scientist, don’t discourage him. :slight_smile:

Seriously, there are some ppl that are geniuses at writing ea’s. Even if you are not computer literate, it is easy to learn.
Start by using a template where you only have to change a few lines of code.

Start by copying other successful ea’s There are heaps of them! (there are heaps of scams out there too)

Here is someone I have been watching that is unbelievably successful.

50,000% return since October 2010. This is for real!
90,000% return since july 2010 This is for real!
68,000% return since march 2010 This is for real!

droland’s Profile | Myfxbook

I have chatted with this guy. He’s really nice and I know he has been studying forex for quite a while. If you contact him he will probably post on the forum how he does it. He is the king of scalpers!
But please dont pester him and ask for his ea’s! Not Cool.

My advice. If you are keen enough. Jump in and start coding! Its additive! & there is no reason why you cant make a better ea then the latest commercial God Bot.

Seriously, we need more EA coders in the community!